According to Fortune, during the 2025 crypto market downturn,
1. INTRODUCTION
2. KEY MOMENTS
3. ANALYSIS
lps dragonfly - Top Crypto VCs See AUM Decline Amid 2025 Market Downturn
Top crypto market VCs are reporting AUM declines amid the 2025 downturn. a16z’s four crypto funds dropped nearly 40% to $9.5 billion from 2024 levels, while Multicoin’s AUM fell to $2.7 billion. Pantera Capital exited positions through Circle and BitGo’s IPOs. Haun Ventures remains an outlier with AUM rising over 30% to $2.5 billion. Paradigm, a16z Crypto, and Dragonfly are now seeking to raise a combined $4.2 billion for new funds.
? Key Moments of the Match
23' - First goal by John Doe (Home team).
45+2' - Equalizer from penalty spot.
67' - VAR review disallows goal.
89' - Last-minute winner! Incredible scenes.
?? Tactical Analysis & Player Ratings
Possession: 55% - 45%
Shots on target: 6 - 3
Pass accuracy: 88% - 82%
Home MVP: John Doe (9.2)
Away MVP: James Smith (8.7)